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20100928
20100928
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WJZ (CBS) 1
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CBS
Sep 28, 2010 7:00pm EDT
of the income generated in the u.s. that's up from 49.7% in 2007. and the poorest 20% earn only 3% of the country's income. the great divide is a college degree. the unemployment rate for college graduates is less than 5%. for those with just a high school diploma, it's more than 10%. and according to another study, the median income for a college grad-- nearly $56,000-- is more than double that of workers who finished only high school. >> low-skill labor is really in trouble in this economy. the demand for their services is shrinking like crazy. the traditional ways that they moved into the middle-class-- manufacturing, construction-- are dead in the water. >> reporter: and that income gap may only grow wider even as the economy recovers because the top end usually recovers faster than the bottom. katie? >> couric: anthony mason, thank you, anthony. and jobs are the big issue in the midterm elections. election day, by the way, is five weeks away, but early voting is already under way in seven states. with control of congress at stake, president obama hit the campaign trail today.
Search Results 0 to 1 of about 2 (some duplicates have been removed)